EBK STATISTICAL TECHNIQUES IN BUSINESS
EBK STATISTICAL TECHNIQUES IN BUSINESS
17th Edition
ISBN: 9781259924163
Author: Lind
Publisher: MCGRAW HILL BOOK COMPANY
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Chapter 18, Problem 21CE

a.

To determine

Determine the logarithmic trend equation.

b.

To determine

Determine the coordinates of the points on the logarithmic straight line for 2007 and 2014.

c.

To determine

Find the average percentage of increase in sales during the period from 2007 to 2017.

d.

To determine

Estimate the ales for the year 2018.

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